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Daily News Summary

Get concise and efficient summaries of key articles from prominent newspapers. Our daily news digest ensures quick reading and easy understanding, helping you stay informed about important events and developments without spending hours going through full articles. Perfect for focused and timely updates.

News Summary

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​Gates in the sky: On ISRO and SpaDeX
  • The Hindu
  • |
  • Science and Technology
  • |
  • 2025-01-17
  • ISRO
  • Bharatiya Antariksh Station
  • Space Docking Experiment (SpaDeX)

The article discusses the importance of docking technology in space missions, highlighting its role in enabling heavier spacecraft launches and interplanetary missions. It emphasizes the need for cost-effective space operations and India's plans for the 'Bharatiya Antariksh Station.'

Docking in Space Missions

Docking is a vital technology for assembling spacefaring components into larger modules in space, enabling the launch of spacecraft heavier than the capacity of the heaviest rockets. It serves as a gateway for advanced interplanetary missions, exemplified by missions like the Chandrayaan-4 lunar sample return mission.

Significance and Applications of Docking

  • Interplanetary Missions: Docking facilitates the assembly of modules for missions that exceed individual rocket capabilities.
  • Long-Duration Spaceflight: Docking technology is crucial for long-term missions, such as those to Mars or space mining operations.
  • Cost Considerations: The need to reduce costs for extended missions increases the appeal of docking for satellite servicing and orbital resupply.

ISRO's Initiatives

  • SpaDeX Satellites: ISRO equipped these satellites with ample fuel to conduct multiple docking attempts and collected continuous data.
  • Bharatiya Antariksh Station (BAS): ISRO plans to launch this space station later in the decade.

Challenges and Expectations

  • Coherent Vision: It is crucial for ISRO to articulate the expected utility of BAS to align with the broader Indian space programme and international standards.
  • Leadership: With V. Narayanan as the new chairman, ISRO is entering a new operational phase and needs to address these challenges effectively.
An alliance of democracies, with India at its core
  • The Hindu
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  • International Relations
  • |
  • 2025-01-17
  • India-EU TTC
  • India-EU Relations

The article discusses the need for stronger EU-India relations post-2024 elections, emphasizing collaboration on economic security, defense, and technology. It highlights challenges like historical ties with Russia and China's influence, advocating for a pragmatic alliance of democracies.

Strengthening EU-India Relations in 2025

In 2025, there is a significant opportunity for democracies worldwide, especially Europe and India, to enhance their partnerships. Historically, EU-India relations have been centered around Free Trade Agreement negotiations, but a broader approach is required now.

Geostrategic Cooperation

  • Economic Security: Focus on reducing dependencies, especially on China, and identifying India as a ‘Trusted Partner’ for new supply chains in critical sectors like pharmaceuticals.
  • Defence Cooperation: Strengthen the existing India-U.S. defense ties. Europe should support India's security alliances, potentially enhancing the EU-India defense discussions.
  • Space and Emerging Technologies: Collaborate on emerging technologies and space initiatives, drawing inspiration from successful U.S.-India technology collaborations.

Geopolitical Considerations

Europe and India need to align their views on the global stage, particularly concerning Russia and China. A common assessment should recognize the threat posed by the Russia-China partnership to global democracies.

Trade and Investment

  • Implement practical measures to reduce trade and investment barriers between Europe and India.
  • Develop the potential of the EU-India Trade and Technology Council to coordinate a robust technology agenda.

Technology and Innovation

  • Focus on collaborative efforts in innovation, which can lead to leadership in emerging technologies like quantum computing and biotech.
  • Recognize India's growing role as a key center for global research innovation.

People-to-People Ties

  • Enhance tangible connections between Europe and India through stronger people-to-people ties.

Alliance of Democracies

There's a broader goal of forming a strong alliance of democracies with India at its core. This requires addressing mutual challenges in democracy and changing the strategic approach toward the subcontinent.

The impacts of rupee weakening
  • The Hindu
  • |
  • Economics (Indian Economy)
  • |
  • 2025-01-16
  • REER
  • NEER
  • Rupee Devaluation
  • Exchange Rate Policy

The article discusses the recent devaluation of the Indian rupee against the US dollar, examining India's exchange rate policy, structural constraints, and implications. It highlights the Reserve Bank of India's shift back to a managed-float regime, affecting the exchange rate dynamics.

Devaluation of the Indian Rupee: Causes and Implications

The Indian rupee recently experienced a significant devaluation against the US dollar after a period of stability. This phenomenon can be attributed to several factors, including India's exchange rate policy and structural constraints in the economy.

Exchange Rate Basics

  • Nominal Exchange Rate: The cost of buying one unit of foreign currency in domestic currency.
  • Real Exchange Rate: The relative price of foreign goods in terms of domestic currency compared to domestic goods.

Factors Affecting Exchange Rates

  • The demand and supply in the foreign exchange market depend on current and capital account flows.
  • Increased demand for foreign currency occurs with lower net exports and higher capital outflow.
  • Central bank policies influence exchange rate frameworks: fixed, floating, and managed-floating.

India's Exchange Rate Policy

  • India has largely followed a managed-floating exchange rate regime over the past three decades.
  • In this regime, the RBI devalues domestic currency and adjusts foreign exchange reserves based on market conditions.
  • During excess supply conditions, the RBI accumulated reserves to avoid real exchange rate appreciation and loss of export competitiveness.

Recent Developments

  • Post-COVID, the RBI briefly adopted a regime resembling a fixed exchange rate.
  • Currently, due to capital outflows and high crude oil prices, the rupee's devaluation reflects a return to the managed-float system.

Macroeconomic Implications of Devaluation

  • Positive Implication: Enhanced net exports due to cheaper domestic goods.
  • Adverse Implication: Increased domestic prices from higher firm costs, affecting real income and affecting consumers.

Challenges in the Indian Economy

  • Since 2019, a divergence emerged between nominal and real exchange rates in India.
  • This contrasts with global trends, where most countries experienced aligned nominal and real exchange rate movements.

Domestic Price Increase

  • Increased domestic prices in India are linked to rising markups of non-financial firms.
  • Markup increases lead to higher prices, affecting variable costs and the nominal exchange rate.

Policy Considerations

  • The RBI's shifting policy stance post-COVID raises questions about the need for a clear exchange rate strategy.
  • There is a need for a systematic approach to address exchange rate policy challenges.

The discussion highlights the complexities of India's exchange rate management and poses critical questions about future policy direction. The need for a clear and explicit exchange rate policy framework is emphasized to address ongoing economic challenges.

Beyond scams that grab headlines, corruption hurts poor and disadvantaged in daily life, diminishes public trust: CJI
  • The Hindu
  • |
  • Polity and Governance
  • |
  • 2025-01-16
  • Corruption
  • CVC
  • Lokpal

Chief Justice of India Sanjiv Khanna highlights pervasive corruption affecting disadvantaged communities during the inaugural Lokpal Foundation Day in New Delhi. He emphasizes collaboration with agencies like the CVC to enhance the Lokpal's effectiveness against evolving corruption models.

Chief Justice of India on Corruption

Key Highlights from the Lokpal Day 2025 Program

  • Corruption's Reach:
    • Corruption extends beyond large scams, affecting socially and economically disadvantaged groups.
    • Example: Examination paper leaks undermine student aspirations and public education.
    • Each corrupt act diminishes public trust.
  • Government Contracts and State Largesse:
    • Contracts often awarded to well-connected individuals, termed as illegal distribution of State largesse.
    • Examples: BPL cards and public housing misallocated to elites instead of those in genuine need.
    • Such malpractices undermine constitutional equality principles.
  • Role and Challenges of Lokpal:
    • Mere establishment of Lokpal isn't enough; requires synergy with Central Vigilance Commission (CVC) and other agencies.
    • Importance of seamless coordination for evidence gathering and investigations.
  • Insights from Other Speakers:
    • Justice (retd) A.M. Khanwilkar emphasized that the Lokpal Act is vital for investigating high-level corruption.
    • Noted challenges: Evolving corruption models and stronger nexus among politicians, business, and bureaucracy.
    • Need for vigilant, timely follow-ups and cleaning mechanisms.

Notable Personalities and the Historical Context

  • Social activist Anna Hazare, Justice (retd) N. Santosh Hegde, and Attorney General R. Venkataramani were felicitated.
  • The Lokpal and Lokayuktas Act, 2013, came into effect on January 16, 2014.
RBI announces steps to encourage cross-border transactions in Indian rupee
  • The Hindu
  • |
  • Economics (Macroeconomics)
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  • 2025-01-16
  • Special Rupee Vostro Account
  • Cross-Border Payments
  • Internationalization of Rupee

The Reserve Bank of India (RBI) has announced liberalized norms to promote the use of the Indian Rupee and local currencies for cross-border transactions. This move aims to stabilize the sliding domestic currency, which hit a record low of 86.70 per USD.

RBI Liberalizes Norms for Cross-Border Transactions

The Reserve Bank of India (RBI) announced new liberalized norms on January 16, 2025, aimed at promoting the use of the Indian Rupee and other local currencies for settling cross-border transactions. This move comes amidst the depreciation of the domestic currency, which recently hit a record low of 86.70 per USD.

Key Initiatives

  • Memorandum of Understanding (MoU): The RBI has signed MoUs with the central banks of the United Arab Emirates, Indonesia, and Maldives to facilitate cross-border transactions using local currencies, including the Indian Rupee.
  • Special Rupee Vostro Account (SRVA): Introduced in July 2022, this arrangement has led to the opening of several SRVAs by foreign banks with Indian banks, enhancing the use of INR for trade transactions.
  • Liberalized FEMA Regulations:
    • Overseas branches of Authorized Dealer banks can open INR accounts for non-residents for settling permissible transactions with Indian residents.
    • Non-residents can settle transactions with other non-residents using balances in repatriable INR accounts like SRVA and Special Non-resident Rupee accounts.
    • Balances in these accounts can also be used for foreign investment, including Foreign Direct Investment (FDI), in non-debt instruments.
  • Facilitation for Indian Exporters: They can open accounts in any foreign currency overseas to settle trade transactions, receive export proceeds, and pay for imports using these proceeds.

Background

This initiative follows a review of the extant FEMA regulations of 1999 by the RBI, conducted in consultation with the central government, to promote cross-border transactions in INR and local/national currencies.

Jeff Bezos’ Blue Origin launches massive New Glenn rocket on first test flight
  • The Hindu
  • |
  • Science and Technology
  • |
  • 2025-01-16
  • Space Industry
  • Blue Origin
  • New Glenn Rocket

Blue Origin launched its New Glenn rocket on its inaugural test flight, sending a prototype satellite into orbit. The rocket, funded by Jeff Bezos, aims to advance space access and compete in the growing space industry.

Blue Origin's New Glenn Rocket Launch

Blue Origin launched its new massive rocket, New Glenn, on its first test flight on January 16, 2025. The rocket successfully sent a prototype satellite into orbit, marking a milestone in private space exploration.

Key Highlights

  • Launch Details:
    • New Glenn was launched from the historic launch pad in Florida, previously used for NASA's Mariner and Pioneer missions.
    • The rocket stands 320 feet (98 meters) tall and is equipped with seven main engines.
  • Achievements:
    • Successfully reached orbit 13 minutes after launch.
    • Carried an experimental platform for hosting or deploying satellites.
  • Operational Goals:
    • The test satellite was expected to remain in orbit for six hours.
    • First-stage booster retrieval attempt failed, but the primary goal was achieving orbit.

Blue Origin's Vision and Infrastructure

  • Future Plans:
    • Plans for six to eight New Glenn flights this year, with the next scheduled in spring.
    • Aims to lower the cost of space access through industry collaboration.
  • Infrastructure and Investment:
    • Over $1 billion invested in launching site Complex 36 at Cape Canaveral Space Force Station.
    • Launch site is strategically located near NASA's Kennedy Space Center.

Comparative Context and Competition

  • Competitive Landscape:
    • New Glenn is among other new rockets like United Launch Alliance’s Vulcan, Europe’s Ariane 6, and NASA's Space Launch System (SLS).
    • SpaceX's Starship, the largest at 400 feet, is expected to make additional test flights.
  • Cooperation and Competition:
    • Jeff Bezos emphasizes collaboration over competition with SpaceX.
    • NASA has planned to use different companies for lunar missions under the Artemis program.

Challenges and Adjustments

  • Delays and Adjustments:
    • Launch was delayed due to ice buildup in critical plumbing.
    • NASA's Mars mission involving New Glenn was postponed.
  • Future Missions:
    • Planned Mars mission with twin spacecraft named Escapade, focused on studying the Martian atmosphere.

Overall, Blue Origin's New Glenn launch signifies a significant leap in private space travel, setting the stage for future missions and collaboration in the space industry.

Long overdue, short term regimen for TB set to be a game changer Premium
  • The Hindu
  • |
  • Social Issues
  • |
  • 2025-01-17
  • Tuberculosis
  • BPaLM regimen- Treatment for MDR TB
  • MDR-TB

The article discusses India's burden of multidrug-resistant tuberculosis (MDR-TB) and the challenges with existing treatment regimens. It examines new, shorter treatment options like the BPaL regimen, emphasizing the need for systemic improvements, monitoring, and supportive healthcare measures.

Multidrug Resistant Tuberculosis (MDR-TB) in India

MDR-TB is a form of tuberculosis where the bacteria are resistant to rifampicin and isoniazid, two essential drugs in TB treatment. This form of TB carries a high risk of death, estimated at 30-40%. India has a significant burden of TB, contributing 27% of the 1,75,923 MDR-TB cases reported globally in 2023.

Challenges in Treatment

  • The evolution of MDR-TB strains is often due to poor adherence to TB treatment and misuse of drugs, common in India.
  • Traditional treatments for drug-resistant TB are lengthy (18 months or more) and involve toxic drugs, posing adherence challenges.
  • Patients have long advocated for shorter and less toxic treatment regimens, which were often ignored by the health system.
  • Side effects from treatments, such as hearing loss and depression, were often downplayed, exacerbating the stigma and discomfort for patients.

New Treatment Regimens

There is a need for shorter regimens to improve treatment completion rates and reduce economic burdens. The BPaL regimen, consisting of bedaquiline, pretonamid, and linezolid, is one such example, prescribed for 6 months.

  • The Nix-TB trial in South Africa demonstrated the regimen's efficacy, and the ZeNix trial showed better tolerance with reduced linezolid doses.
  • Although promising, adherence and drug-susceptibility testing are crucial for these new regimens.
  • Adverse effects, such as sensory neuropathy from linezolid, need monitoring, and alternative regimens should be available.

Health System and Implementation

  • Adequate training for physicians on managing these regimens is essential.
  • Universal molecular diagnostics are needed to detect drug-resistant TB early.
  • Effective public-private partnerships can improve access while preventing misuse of treatments.

Additional Considerations

  • Shorter regimens might be costlier, but persisting with toxic alternatives is more detrimental.
  • Community education and supportive services such as counseling are key to successful implementation.
  • Addressing social, economic, and gender determinants is crucial for a holistic TB control approach.

Conclusion

While shorter regimens for MDR-TB are transformative, they are not sufficient alone. A broader systemic transformation addressing structural determinants is necessary for effective TB control.

Costly HPV vaccine needs to be part of an immunisation programme
  • The Hindu
  • |
  • Social Issues
  • |
  • 2025-01-17
  • Cervical Cancer
  • HPV vaccination
  • National Immunization Programme

The article emphasizes Cervical Cancer Awareness Month, urging HPV vaccination to combat cervical cancer, a leading cause of cancer in Indian women. Despite its effectiveness, high costs and limited public availability hinder widespread usage.

Cervical Cancer and HPV Vaccination

January marks Cervical Cancer Awareness Month, emphasizing the importance of screening for cervical cancer, a leading cause of cancer among Indian women. The disease primarily stems from the Human Papillomavirus (HPV), responsible for 99.7% of cervical cancers globally.

HPV Vaccine: Prevention and Availability

  • The HPV vaccine is the most effective preventive measure, stimulating immune responses to neutralize the virus.
  • In India, the vaccine requires a prescription, despite recommendations for inclusion in the national immunization program by the National Technical Advisory Group for Immunisation (NTAGI).
  • Some states like Punjab and Sikkim have incorporated the vaccine into their programs.

Vaccine Recommendations and Efficacy

  • Recommended for girls aged 9–14 and children aged 12 to 13 years.
  • Effective in preventing over 90% of cancers associated with HPV.
  • Safe for immunocompromised individuals or those with HIV, with common side effects being mild fever and injection-site reactions.
  • Approved vaccines in India include Gardasil, Cervarix, and Cervavac.

Prevalence and Incidence of Cervical Cancer

  • 3rd most common cancer in India, with an incidence rate of 18.3% and mortality rate of 9.1% according to GLOBOCAN 2020.
  • Highest incidence rate in Asia in Papumpare district, Arunachal Pradesh.
  • Majority of cases diagnosed at advanced stages.

Challenges and Cost

  • High costs and cultural perceptions impact vaccine uptake.
  • Gardasil 9 costs ₹10,850 per dose; Cervavac, an Indian vaccine, costs ₹2,000 per dose.

Global Efforts and Recommendations

The World Health Organization and other global entities have committed significant funding ($600 million) to eliminate cervical cancer. Vaccination, coupled with screening and treatment, forms the path to eradication, particularly in low- and middle-income countries. 

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